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on the debt ceiling. the president tells them if they ever agree on what to put in the ranson note, he wouldn't even read it. >> president obama used the final press conference of the first time. >> the last press conference in the first term. >> to draw the line on the debt compromises. >> raising the ceiling doesn't authorize more spending. >> the president clearly came out putting it on the republicans. >> republicans in congress have two choices here, they can act responsibly. >> this is such a recipe for disaster for the republican party. >> or they can act irresponsibly, they better choose quickly. >> frankly all republicans have to bargain with. >> yes, they are, yes, they are. >> they're holding us hostage. >> are we heading to a shutdown. >> this could be a financial disaster. not only for our country, but for the world. >> social security checks and veteran's benefits will be delayed. >> i don't think it is a question that is even on the table. >> ironically would probably increase our deficit. it is absurd. >> the president won't back down on the debt ceiling or on gun safety. >> t
the debt ceiling will have to be raised. we will get the read from mark murray and what's happening on both sides. secretary of state hillary clinton called the prime minister of algeria and a group claims they are holding a total of 41 hostages after occupying a natural gas complex. they were reportedly to punish algeria for allowing french jets to use the airspace in attacking a group linked to al qaeda. we will have more on the news, but seven americans reportedly being held hostage in algeria. we'll be right back. asional have constipation, diarrhea, gas, bloating? yes! one phillips' colon health probiotic cap each day helps defend against these digestive issues... with three strains of good bacteria. [ phillips' lady ] live the regular life. phillips'. your soups are so awesomely delicious my husband and i can't stop eating 'em! what's...that... on your head? can curlers! tomato basil, potato with bacon... we've got a lot of empty cans. [ male announcer ] progresso. you gotta taste this soup. looks like you're in a pickle. yeah. can you get me out of it ? just so happens i know a chap.
coming up is the so-called debt ceiling -- something most americans hadn't even heard of before two years ago. i want to be clear about this. the debt ceiling is not a question of authorizing more spending. raising the debt ceiling does not authorize more spending. it simply allows the country to pay for spending that congress has already committed to. these are bills that have already been racked up and we need to pay them. so while i'm willing to compromise and find common ground over how to reduce our deficits, america cannot afford another debate with this congress about whether or not they should pay the bills they've already racked up. if congressional republicans refuse to pay america's bills on time, social security checks and veterans' benefits will be delayed. we might not be able to pay our troops, or honor our contracts with small business owners. food inspectors, air traffic controllers, specialists who track down loose nuclear material wouldn't get their paychecks. investors around the world will ask if the united states of america is, in fact, a safe bet. markets could go h
by gun violence you are fooling yourself. >> the debt ceiling debate continues. >> are not aead beat nation. >> we all know the issue here is spending. >> what are the risks of huge defense cuts? >> operations, maintenance, and trading will be gutted. we will ground the aircraft retuturn chips to court, and sharply curtail training across the force. >> a bill before the wyoming state legislature would make a federal legend a person trying to enforce a ban on farm guilty of a funny. there are similar measures under considation in nnessee and tetexas. the governor in mississippi wants to make it illegegal in the state to enforce any new federal n laws. how many tis have we had this debate? ththis time after the murders of the children in newtown, conn. the president tells us is different. signed 23 executive orders aimed at reducing gun violence and has urged congress to reinstate a ban on so-called assault weapons, limit the size of the magazines, and mandate criminal background checks for all and sales. he is also o asking americans to put heat on members of congress to get there. >>
the debt ceiling. and in the rewrite tonight, the idiotic things republicans are saying about guns, and why president reagan and president george w. bush would disagree with them. nothing. are you stealing our daughter's school supplies and taking them to work? no, i was just looking for my stapler and my... this thing. i save money by using fedex ground and buy my own supplies. that's a great idea. i'm going to go... we got clients in today. [ male announcer ] save on ground shipping at fedex office. omnipotent of opportunity. you know how to mix business... with business. and you...rent from national. because only national lets you choose any car in the aisle. and go. you can even take a full-size or above. and still pay the mid-size price. i could get used to this. [ male announcer ] yes, you could business pro. yes, you could. go national. go like a pro. kozachik, k >>> a quick update, joy reid and karen finney apparently didn't change the minds of the nra in the first segment, the ad regarding president obama has not been taken down. the ad has been making the website crash and sometim
to fight over. is it debt ceiling, is it sequestration, is it the resolution later in march? they could use that bell to call them to order there but it's hard to think that they could find a path. you've got on the one hand, a lot of distension in the rarngs there. but, also, just public opinion seems to be stacked against them. they're on the wrong side of so many issues. they seem to be wanting to plot a course right in the near term. but i think on the other hand, if you look at what democrats are doing, they're trying to chart a course that looks more like where america is more broadly. of course it would put them in good standing for 2014 and 2016. >> now, wes, when we look at the fact that they seem to be further and further away. committee reports that many republicans scoff at the idea of a debt ceiling disaster. and it reads, let me read this to you, to these conservatives, hitting the debt ceiling is no armageddon and the idea of default is just a scare tactic. and they claim not to be frightened. i mean, we could have different opinions, but we can't have different facts. the de
more people care about that issue than the debt ceiling. >> bill: they get too full of themselves. the problem with the front row particularly the press corps is they represent different networks. they all want to talk about let's say, for example guns. they all want to be on camera asking the question about guns and it doesn't matter if somebody else has already asked the question five different times in five different ways, they're still going to ask it so they can get on camera. that's what's wrong with the press briefings. >> thank you very much for your tweet. >> if you go to the newseum web site and you look at what the country is talking about it is a rich quilt of different issues, different ideas that people around this country are discussing. and the washington press corps questions of one or two topics doesn't even big to cover -- begin to cover what reporters around this country are reporting on, talking about. that disconnect is really jarring, i think. >> bill: it is jarring. i remember as a reporter in los angeles and a comment tater in los angeles, covering preside
miles on every purchase, every day! what's in your wallet? a showdown over the debt ceiling with republicans using the threat of default to try and leverage spending cuts from the white house. representative peter welch is democrat from vermont and he has been calling for the president to envoc the 14th amendment to circumvent congress and protect the economy. congressman, welcome. good to have you with us. before we turn to the debt ceiling, i would like your reactions to the president's proposals to curb gun violence and whether you think those legislative proposals that he made have a chance of getting through either house of congress or both. >> i do. i mean, all of us are just astonished and appalled at what happened in newtown and the idea that a 6-year-old child would have 11 high capacity bullet designed by the military for combat pumped into that little child is really changing the discussion here. so i think the focus on practical things like high capacity magazines, like background checks that work, like trying to come up with appropriate assault weapon ban, these
's the view of all of them. >> of course. >>> we'll move onto the debt ceiling with the government on pace to run out of money by mid-february. >> yesterday, the president warned republican leaders raising the nation's borrowing limit was non-negotiable and congress aimed to use it as lever eventuallyiage for deep s. >> while i'm willing to find middle ground to reduce our deficits, america cannot afford another debate. not paying its bills is irresponsible. it's absurd. republicans in congress have two choices here. they can act responsibly and pay america's bills or they can act irresponsibly and put america through another economic crisis. but they will not collect or ransom in exchange for not crashing the america economy. the financial well-being of the american people is not leverage to be used. the full faith and credit of the united states of america is not a bargaining chip. >> you know, it looks like republicans are up against another wall. but they're not going to be able to get -- they're not going to be able to get, quite frankly, some things they really want, if they're serio
that will coalesce. debt ceiling discussion, debt ceiling and the fact that the federal government will run out of money at the end of march. >> all those bring a confluence of an opportunity to drive a debate and drive changes that get us towards long-term prosperity and get us off of this notion that we can just continue to borrow and spend. >> reporter: it is clear most republicans want there to be spending cuts as part of these fiscal matters as they work on long-term extensions or solving these problems long term. jenna. jenna: mike, if we're hearing this, then the white house is probably hearing this as well. any reaction from the white house about potentially this plan from republicans? report or the jenna, --. >> reporter: jenna white house officials are saying if congress doesn't want to raise the debt ceiling they should authority rise president obama to do it himself. they should extend it so it doesn't cause concern for the economy and global markets. >> longstanding tradition for the congress to raise the debt ceiling. this is power they have given themselves, the point is without
is regarding the debt ceiling why doesn't the president go ahead and implement article 14 of the constitution, and if the republicans want to take this to court, let's go. let's have this conversation. let's explain to the american people why you racked up two wars unpaid for, tax breaks for rich people unpaid for, but you don't want to pay the bills. >> stephanie: exactly. i'm not sure what the white house is -- even on guns -- even any kind of mention of what the president might do on guns they are already talking about impeachment. that's the times we're in. twenty nine minutes after the hour. right back on the "stephanie miller show." ♪ show, to be able to come away armed with the facts, and the arguments to feel confident in their positions. i want them to have the data and i want them to have the passion. but it's also about telling them, you're put on this planet for something more. i want this show to have an impact beyond just informing. an impact that gets people to take action themselves. as a human being, that's really important. this is not j
of the debt ceiling and your own history with the debt ceiling and doesn't that suggest we're going into a default because no one is talking to each other how to resolve this? >> no, major, i think if you look at the history, getting votes for the debt ceiling is always difficult. >> jon: president obama a little testy there answering a question from cbs news white house correspondent major garrett, formerly of this network. it was mr. obama's final news conference of his first term. so, what did you think, judy, about the questions that the president received? only seven of them for a news conference. the answers went on very long. >> you might even say stonewalling answers, each answer was roughly the equivalent of about seven and a half minutes. no wonder there's no time for follow-ups. look, the white house press corps, how many times do we have to talk about it. other than major garrett, who was a sight to see there, even jake tapper said, oh, yes, major always asks good questions, when he was on fox we didn't call on him much. that's what this is about. the white house press c
right this guy -- maybe this time he means that he is not going to negotiate on this debt ceiling. do you sense that's what is coming out of this? or is there a darker path that they are trying to follow? >> well, what has me so intrigued are the at attentions between the house republicans and the republicans in the senate. if you look at the sequestration and automatic budget cuts, it looks like the house wants to try to blame the senate if things fall apart. so they can say now the burden is on the senate which they have to agree to an overall budget deal by april. and then they can say at that point we'll deal with the debt ceiling. so it was a way to put some pressure on mitch mcconnell. but mitch mcconnell seems to think that okay we'll pass a budget in the senate and then use that as possible leverage with the republicans in the house who might hold up the debt ceiling. >> michael: that makes perfect sense that that is what they are trying to do it is really just passing the buck. the white house held a firm line on saying we're not going to negotiate at a
votes do provide a template for how, by the way, the debt ceiling might ultimately get raised. on the tax deal, house republican leaders had political cover from senate republicans. on sandy, chris christie provided the political cover, leaving house leaders, frankly, cowering. now the kotch brothers, through a group they backed, called americans for prosperity, are the latest to give boehner and other house leaders cover on the debt ceiling, as they get their rank and file to pick other political fights. tim phillips, president of americans for prosperity, told the financial times, quote, we're saying calibrate your message, focus on long-term spending instead of long-term debt. focusing on the debt ceiling makes the message more difficult. when i asked walden about the debt ceiling yesterday, he was clearly noncommittal, hinting on where the republican leadership maybe is on this. if there's not a majority in the house republican to raise the debt limit, but there is a majority in the house of representatives to raise a clean debt limit, would this leadership be willing to d
finally announced a debt ceiling plan. kick the can again. this time for three months. in an efforts to put pressure on the senate to do something instead. that's the whole, it wasn't me, i guess, strategy. of course, that means another debt ceiling debate is just three months away. joining us now, bill cohen, a columnist at bloomberg view and by phone we have nbc's luke russert in williamsburg, virginia, covering the house republicans. welcome to both of you. >> thank you, karen. >> luke, i want to start with you. republicans are calling it a plan, democratic leader nancy pelosi call it is a gimmick. it sounds more like -- i mean, my read initially was this is more like political posturing rather than a serious deal. what are you hearing down there? >> well, it certainly is something that's meant to try and force the senate to act. you know, the senate has not passed a suggest in over 1,300 days and that's a popular rallying cry of the house gop. but what came out of this retreat was the idea instilled in members that it's probably not beneficial with the republican brand so damaged
about the debt ceiling. remember, president bush was in office at the time, so senator obama would probably be against some of the things he was talking about, particularly the debt ceiling. the senator called it irresponsible to increase the debt. listen to then-senator obama. >> the problem is that the way bush has done it over the last eight years is to take out a credit card from the bank of china in the name of our children, driving up our national debt from $5 trillion for the first 42 presidents. number 43 added $4 trillion by his lonesome so we now have over $9 trillion of debt that we are going to have to pay back, $30,000 for every man, woman and child. that's irresponsible. it's unpatriotic. >>steve: there you've got the president, back then senator, back in the day saying that president of ours, he's running up the bills, and it would be unpatriotic what he's doing. and we cannot raise the debt limit. forward to his administration, and i think this is going to be the fourth time he has asked congress to up the debt ceiling. of course what he said is, i know the republic
first term ended with questions about the debt ceiling, questions about gun safety questions about whether this congress will give so much as an inch on any of it. i'm afraid we might already know the answer to the last one. [♪ theme music ♪] >> jennifer: it has been nearly five weeks since the nowtown massacre, and the town's police chief has a very simple message for washington. >> ban assault weapons, restrict those magazines that have so many bullets in them. >> jennifer: progressives are pushing for a ban and diane feinstein says she'll introduce on assault weapon ban later this month. john mccain expressed his doubts. >> do you think an assault weapons ban can pass the congress? >> no. >> do you think it should? >> no. >> jennifer: now the question is without republican support is the president going to push for a ban any ways? so from his progressive basis point of view he has a mandate and he should use it. 62% of americans do support a ban. from the white house's perspective pushing an assault weapon's ban is a risky proposition. the president addre
a press conference today. he wanted to talk about the debt ceiling and about the gun control a little bit. he has positive words that are encouraging for those of us who believe he should fight harder. let's listen. >> obama: i want to be clear about this. the debt cereal something not a question of authorizing more spending. raising the debt ceiling does not authorize more spending. it simply allows the country to pay for spending that congress has already committed to. the issue here is whether or not america pays it's bills. we are not a debt-deep nation. >> cenk: i like it. now normally i say it should have been stronger, but it was pretty strong and he made his point very good. it continues. >> obama: this is not an implicatedcomplicateed subject. you don't go out to dinner, eat all your want, and then leave without paying the check. if you do, you're breaking the law. and congress should think about it the same way that the american people do. >> cenk: i like it, man. i do. that's exactly right analogy. you know, of course, i'd go further, but i would every time, right? i'd say list
nothing and there are also no meetings even planned regarding the debt ceiling and the inevitable issue that is are faced by those who need to make the decisions for us. >> yeah. we have got this triple deadline coming up. and nobody -- everybody says they don't want to do it at the last minute the way we did with the fiscal cliff but nobody seems to be talking about it yet. you don't have negotiations started. granted we are in a bit of a holding pattern with the inauguration coming up and maybe things start to happen after that but nobody seems to be jumping in proactively for a solution to these issues that are coming up and that's because they're tough decisions. they're hard. and nobody has something that is universally palatable ready to off offer. >> with that said, will we see a separation of spending cuts the republicans say they want to desperately and separate it from the debt ceiling? as the president said, you can't run out on a meal you have eaten. this is not new debt. this is bills we have acquired. the government and this country must be obligated to do the same. >> wel
of extending the debt ceiling three months, until april and clean, except for the fact they want to link it to the idea that both the house and the senate pass a budgetnd and if they don't they lose their pay? >> i think -- we don't think short-term is smart for the economy, 2-3 months still has uncertainty and we are very pleased to see the republicans in the house drop their previous position, which was, you know, they were only going to pay the bills, essentially, they racked up if that he got what they wanted from the deep spending cuts in medicare and other programs. so that is progress but what we need to do is, washington needs to start contributing certainty and help to the economy and if you talk to anybody in the country -- >> you will not veto a three-month extension, are you? >> again, i think that there is long term debt and short-term debt. i think we have made progress on the budget and cut spending, in 2011, the budget was cut over a trillion dollars and signed a -- >> you were forced into that by republicans. >> no, we weren't and we were sitting around the table with th
to face the tax issue, as well. it's not just raising the debt ceiling that he's going to have to deal with. but he's going to have to negotiate with the republicans and perhaps try to change the tax code. all of these things are things he's already signaled he wants to do. what's fascinating is that this is a president who wanted to be a domestic president in the last -- in his first term and he was saddled with an economic situation and two wars to deal with. now is a shot to be that domestic president and make some really big change. but he's going to have to work with republicans in the house in order to get big things accomplished. >> and clearly what he wants to do is have some influence on voters. and though the official announcement is expected today, we do know that obama for america is going to become this nonprofit supporting his agenda. what kind of influence could this have? >> well, i think if you're an obama supporter, you hope it has more influence than it did or what they tried to do during his first term. they talked a lot about this leveraging his campaign which ever
taxes or is there more to it. >> you look at every fight whether its fight over the debt ceiling, fight over guns, immigration, and you're going to see brutal fights. why? this is one of the most polarized congresses we've had in years. you have democrats and republicans who make up the majority occupying very conservative districts. there is very little political incentive for either party to come together and making a deal, and republicans bringing the nation to a government shut down may makes sense to them. >> john: you talked about how obama managed to drive a wedge between red state republicans and blue state republicans. is that what he's trying to do on the debt ceiling debate as well. >> you can the white house adopt a divide and conquer strategy for quite a bit of time. there are 85 house republicans who voted yes on the bill and created the margin it needed to pass. here's the interesting thing of those 85 republicans who voted yes. 70 of them came from blue states. states that voted for barack obama over mitt romney last november. in other words the white house is defending
's in south carolina. and this headline in the aiken standard -- then, on the debt ceiling debate, the ways and means chairman has announced there will be hearings on this on january 22. they will be taking a look and that. also in the newspapers this morning, here's the "washington times with this headline -- " he will be our guest coming up, the top democrat on the ways and means committee in the house. later, we will talk to the chairman of the house judiciary committee, representative goodlatte, on the washington journal this morning as well. two members of congress. continuing with the debt ceiling, the financial times this morning reports -- on the nomination of chuck hagel, a former nebraskahe ka senator.m he won the support of two key members. his opposition so far has come almost entirely from fellow republicans. those are some of the headlines this morning in the papers. back to our question, do you support executive action on gun- control measures? now to an independent caller. caller: hi. i just wonder if there are any human beings left. the underlying issue has very little to d
the debt ceiling. this is the question we posed. is reduce the federal deficit a worthy goal? this is interesting you may recall white house press secretary made news by stating that deficit reduction is, quote not a worthy goal onto itself. 77% of voters disagree with them and that includes large majorities of republicans, independents and democrats. what is your take on this? >> again i don't want to be a downer here, the question is what urgency to do they place on that. we had an election two months ago where there were two candidates, one was more focused on cutting the deficit and reducing our long term debt and one didn't think it was a big concern. the one who didn't think it was a big concern won the election. yes, voters seem to say that is an issue they agree with, but when it came to election day two months ago that certainly wasn't one of the top issues they voted on because they voted for the candidate who wasn't embody go it. >> heather: through his actions, as well. that leads to this, how f or if it should be raised? should the debt limit be raised again, 23%
, are you also going to be faced almost immediately with the whole crisis over the debt ceiling. not house has been holding really firm. what do you think about coming into this partisan divide coming up here in congress? >> well, i mean, i hope to be part of a freshman class and a group of folks in congress who can take care of the finances and systems without creating more self-inflicted wounds. we know that last time we went through this it hurt the stock market nationally. it hurt our bond ratings. we have to create something that doesn't create this self-inflicted wound every couple of years. >> half of the time, the great castro brothers from texas. thank you very much. we look forward to seeing you when you are here in washington. welcome to congress. >> thank you. thank you. >> and up next, second term challenges. how can president obama work with republicans? mary madeline joining us, and still ahead, the heisman hopeful, and the made-up girl friend. was he a victim or an accomplice? what are you doing? nothing. are you stealing our daughter's school supplies and taking them to wo
separate from the debt ceiling. >> raising the debt ceiling does not authorize us to spend more. all it does is say that america will pay its bills, and we are not a deadbeat nation. >> clearly house speaker john boehner thinks differently. he responded by saying, quote, the american people do not support raising the debt ceiling without reducing government spending at the same time. >>> these pens are designed to be used only by one person, but an investigation discovered that many of them were used on multiple people. >>> are you in hawaii or going there anytime soon? surfers, beware. check out this video. it's a real-life jauss. two sharks were swimming dangerously close to the show. can you believe it? look at that. you could wade in and be bitten, eaten. last year there were a total of 11 shark attacks in hawaii. >> that's what i call dangerously close. >> oh, my goodness. >> so some people in the southeast waking up to the dual danger of flooding and ice. alexandra steele in the weather center. good morning. >> good morning, guys. each snow potentially for you around new york c
the debt ceiling in a timely manner and providing more clarity on policies could actually generate a boost in confidence and open the door for faster growth in the second half of 2013. looking at the labor market, we see lackluster growth in 2013 wing on job creation. we actually see gains of slowing in the first half of 2013 before picking up. it is a little bit slower than in the 4 1/4 with the doctrines of around 50,000 per month. slower gdp growth is going to be driven, we think, by a consumer that is going to be hobbled by tax increases. we will remain positive in 2013 combined -- in 2013, but not appositive in consumer spending over the fourth quarter the second half will be particularly weighed down by less money in their paychecks. and we think as the year progresses, the strength of the housing market, the while the effects of the home price gains and perhaps to improvement in housing could lead to somewhat stronger consumer spending. we did see a 12% gain in housing starts this morning month over month. 37% year over year. these are strong numbers. we did see improvement in home
illustrate why we are going to have the big fights over the next couple of months to raise the debt ceiling and two-thirds of the republican caucuses voted for this. they want to send a message that they really, really needed it, that they want to cut spending for every doll they put out there, even on disaster relief, which historically has not been required to have an offset. >> and definitely has ruffled feathers in the last congress. all of our viewers i'm sure will rememb how new jersey governor chris christie didn't hold back in showing how angry he was at congress, the house, and specifically speaker boehner when the vote was delayed last time. listen to him. this is on january 2nd. >> new jersey deserves better than the due police tea we saw displayed last night. america deserves better than just another example of a government that has forgotten who is the to serve and why. 66 days and counting. shame on you. shame on congress. >> when you listen to that and when you listen to the house floor and sound bites before , s what you're saying why speaker boehner did what he did in the v
ceiling impasse. he calls it a short-term debt limit extension. you may know it better as kicking the can down the road. which reminds me, there was someone just a few months ago who was famously against that kind of a deal. who was it? >> kick the can. kick the can. kick the can. >> right, of course. that's who it was. joining us is jonathan alter and jared bernstein. welcome to you both. john, we've seen speaker boehner's power getting weaker and weaker. is paul ryan now the de facto head of the gop? >> well, you know, actually, martin, i think he has been much more influential than people realize -- >> because he's been quite quiet publicly. >> going back to 2011. he has so much respect within that republican caucus. he's the guy who killed simpson/bowl simpson/bowles. he was on the simpson/bowles commission and wasn't willing to have any revenue increases. his fingerprints were not on it. and then when it came to the grand bargain, he told john boehner wait until the election. don't do this deal. so this is more of the same from him in his own relatively quiet way because he is much m
did that get him? a debt ceiling crisis, charges of being a foreigner, and total war on health care reform. well, now the president isn't asking anymore, he's demanding. you know what? it may just work. >>> beating the neocons at their own game. the neoconservative industrial complex put all its weight behind defeating chuck hagel. it looks like they're going to lose. could it be the neocons are a spent force? could we be that lucky? >>> and back in the ussr. yet another republican cites the soviet threat. they're still fighting the cold war. they want the cold war i guess. that's in the "sideshow" where i hope it stays. >>> let me finish with my own thoughts about alcoholism and addiction and how it tragically struck down one of the most prominent political families in our nation's history. and this is "hardball," the place for politics. ve decided as i begin, i thank president clinton for his service to our nation. [ applause ] and i thank vice president gore for a contest conducted with spirit and ended with grace. [ applause ] >> you know, he seemed to be speaking english as a s
. i mean, i think it would be, frankly, another disaster if republicans try to use the debt ceiling, to force dollar-for-dollar budget reductions. i don't see that as a winner for them, and i can't imagine at least the party establishment is now seeing that as a potential winner for them. i mean, you know, face it. the president won the election. and he laid out a program and a philosophy, and he won the election on it. and i think as long as republicans are going to take the stance that he didn't win and that, in fact, they won and therefore they get to do things their way, i don't think -- i don't see how that's going to help them get out of that 14% hole. >> eugene, nbc.com had a very interesting way of putting it this morning, a very nice tag which is that what the electorate is looking for right now is not so much hope but a president who can cope. it's all about coping, not so much hoping. do you think that this kind of poll suggests that he is going to be able to deliver on that message of coping? >> well, you know, first of all, i think that's right. i think that, you know,
house republican leaders backed away from threats to use the federal debt ceiling to force cuts in spending agreeing to vote on a new debt limit increase that will last until mid april. the house republicans' new plan would give congress time to pass a budget for the next fiscal year. if no budget is passed house republicans say they'll withhold members' pay. in a statement house majority leader eric cantor said, quote, we must pay our bills and responsibly budget for our future. next week we will authorize a three-month temporary debt increase to give the senate and house time to pass the budget. furthermore if they fail to pass a budget in that time members of congress will not be paid by the american people for failing to do their job. no budget no pay. the president's apparent victory in the debt ceiling skirmish comes three days after the house finally passed a $50 billion aid package for victims of hurricane sandy that the white house had proposed. the vote on tuesday was another show of weakness for republicans as the gop leadership let the bill come to the floor despite
and his administration right now. gun safety, cabinet posts, the debt ceiling. it's looking like they're finding success. is this is a preview of a winning second obama presidential term? nia-malika henderson and glen thrush. nia, i've missed you. i've seen you on other shows. i've seen some sightings. but thank you for coming back. i find from the producers you have theories about the president. in his first press conference -- the last one of the old year the president warned republicans not to play politics when it comes to the debt ceiling. here's the president. >> but they will not collect ransom in exchange for not crashing the american economy. the financial well being of the american people is not leverage to be used. the full faith and credit of the united states of america is not a bargaining chip. >> and that's yesterday's last press conference of the presidential term. newt gingrich of all people reacted by saying the president was bullying republicans. that's a long way from saying he's weak. now he's a bully. let's watch. >> i don't think we should pick fights where we a
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